Stocks are surging on UK Parliament's vote against a 'no-deal' Brexit and as Hong Kong looks set to drop extradition bill
Global stocks surged on Wednesday after Britain's Parliament voted to block Prime Minister Boris Johnson from pulling the UK out of the EU without a deal. Traders celebrated reports that Hong Kong leader Carrie Lam will scrap the controversial extradition bill that has fueled three months of protests in the region. However, disappointing US manufacturing data and US and Chinese authorities' failure to schedule trade talks this month weighed on market sentiment.
Global stocks surged on Wednesday after Britain's Parliament voted to block Prime Minister Boris Johnson from pulling the UK out of the EU without a deal. Traders celebrated reports that Hong Kong leader Carrie Lam will scrap the controversial extradition bill that has fueled three months of protests in the region. However, disappointing US manufacturing data and US and Chinese authorities' failure to schedule trade talks this month weighed on market sentiment.
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